centosan Posted February 1, 2017 Share Posted February 1, 2017 As the title says. Working in the ED, at times it gets very busy (especially in our 'fast track' area) to a point where I would need to finish some patient charts at home via a VPN on my personal computer. My question is, could I feasibly deduct this on my 1040? Link to comment Share on other sites More sharing options...
AliB Posted February 1, 2017 Share Posted February 1, 2017 CAVEAT: I am not a tax accountant. Probably not ... IF you are an employee (i.e., you get a W-2 at the end of the year). Home office expenses would be itemized on your Schedule A and would have to exceed 2% of your AGI. See IRS Publication 529. If you a contracted employee (i.e., you receive a 1099 at the end of the year), then you are self-employed and yes, certain home office expenses could be included on your Schedule C (subject to some rules about exclusive use, etc.) and they offset your income. See IRS Publication 587. You should consult your tax accountant. There used to be some considerations to factor in if you are actually trying to claim expense or depreciation for anything the IRS considers assets (a portion of your physical property, or a computer) as it would alter your basis in the property; I don't know if that is still the case. Link to comment Share on other sites More sharing options...
Guest ERCat Posted February 1, 2017 Share Posted February 1, 2017 I looked into this as I am also an ER person and the above statement is correct! As employees we can't really claim the home office thing. Link to comment Share on other sites More sharing options...
centosan Posted February 2, 2017 Author Share Posted February 2, 2017 Sounds good. Thanks for the advice. Unfortunately I'm a W2 employee. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.